Philips to repurchase up to 6 million shares to cover long-term incentive plans

  • June 4, 2025  Amsterdam, the Netherlands  –  Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will repurchase up to 6 million shares to cover certain of its obligations arising from its long-term incentive plans. At the current share price, the shares represent an amount of up to approximately EUR 125 million.